Most homebuyers never realize that the new house they purchased is likely built to low-quality standards, according to Cary DeCamp, Managing Director of Kala Performance Homes. He says the gap between what buyers expect and what they actually receive is both common and costly. “They have no idea how thin the walls are. They have ...
Foreign cash buyers and Manhattan relocators are driving robust price growth in downtown Jersey City’s luxury condo market, setting it apart from the broader region, according to Sandy Cuevas, a realtor with Weichert Realtors who works across multiple Jersey City neighborhoods. While much of the local market is slowing and inventory is building, downtown’s $900,000–$1 ...
Many Atlanta homebuyers are making a costly mistake by holding out for mortgage rates to return to pandemic-era lows, according to Adrian Provost, CEO and Principal Broker at Realty ONE Group Terminus. Provost says the hope that 3% mortgages will return is unrealistic and could leave buyers facing higher prices in the future. “A lot ...
Jersey City investors are confronting a costly reality: extended holding periods are eroding profits at a pace few anticipated when they structured their deals. As properties linger unsold for months, the ongoing expenses of interest, taxes, insurance, and utilities are cutting deeply into returns—often more than any price correction. Sandy Cuevas, a realtor with Weichert ...
Higher acquisition costs in New York often deter out-of-state investors. Still, these buyers may be overlooking the long-term returns that set New York’s outer-borough markets apart, according to Patrick Dominique, a realtor at One Stop Agency who works with investors across Queens, Nassau County, and Brooklyn. Many investors compare New York’s entry prices to those ...
In today’s tight housing markets, where limited inventory drives competition among buyers, the ability to structure a deal effectively often matters more than simply offering the highest price. Yet many buyers and their agents still focus narrowly on price, usually missing opportunities to craft offers that directly address sellers’ real needs. Chopper Russo, team leader ...
The widely repeated narrative that wealthy New York and California residents are flooding into South Florida is not supported by most resale transactions, according to Fiona Barone, a realtor with eXp Realty who closed 98 units in South Florida in 2025. “I think it’s exaggerated,” Barone says of the migration storyline. “When I’m looking at ...
Florida’s residential real estate market has relied heavily on the influx of remote workers over the past several years. However, this foundation may be less stable than it appears, according to John Richardson, Global Real Estate Advisor at ONE Sotheby’s International Realty. The state’s appeal, driven by its no-state-income-tax policy, warm climate, and lower living ...
The typical first-time homebuyer in America is now 40 years old, according to data from the National Association of Realtors cited by Sam Ratner, a Connecticut-based broker and team leader at CTproperties with Keller Williams Realty. Ratner notes that most of these buyers are women, a shift he attributes to a widespread lack of education ...
Manhattan’s residential inventory has fallen to its lowest point since early 2016, setting the city apart from national trends and potentially positioning it for price appreciation while much of the country faces a correction, according to Jared Antin, Executive Director at Brown Harris Stevens. “If you look at the supply dynamic, you have to go ...
Rental prices in the Hudson Valley have compressed so close to mortgage payments that prospective tenants are increasingly saving for down payments instead of renting, according to Christina Wilger, a licensed real estate salesperson with RE/MAX Benchmark Realty Group. The Hudson Valley rental market has entered a period of stagnation, diverging from the region’s generally ...
Miami’s rental market saw unprecedented demand last summer. Properties leased within days, rents rose almost every month, and investors scrambled to acquire assets. But over the past five months, rental rates have eased, luxury condos are taking longer to lease, and some investors who bought at the peak are reconsidering their approach. Joseph Hunike, COO ...
The return of buyer protections in real estate transactions is revealing a growing disconnect between seller expectations and current market realities, according to Christina Wilger, a licensed real estate salesperson with RE/MAX Benchmark Realty Group in New Windsor, New York. Wilger says the primary reason deals fall apart today is inspection disputes. “Sellers are still ...
Manhattan’s cooperative apartments, which make up about 65 percent of the city’s housing stock, are seeing a sharp drop in demand and prices compared to condominiums. According to Steven Cohen, a team leader and associate real estate broker of The Steven Cohen Team, with 26 years of experience in New York City residential real estate, ...
Building code compliance is creating sharply different investment outcomes for coastal properties, even when those homes sit just feet apart. Edward Freeman Jr., Managing Partner at The Freeman Group, says the key factor is whether a property is built above or below the base flood elevation. This technical detail can mean the difference between paying ...
